In the following examples name the factor that affects, Ask an Expert

Economics

In the following examples, name the factor that affects demand and describe it's impact on your demand for a new cell phone.

a. You hear a rumor that a new and improved model of the phone you want is coming out next year

b. your grandparents give you $500

c. a cellular network announces a holiday sale on a text message package that includes the purchase of a new phone

d. a friend tells you how great his new cell phone is and suggests that you get one, too.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91922332

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